Sigma Planning Corp Reduces Stake in iShares U.S. Real Estate ETF

In a recent filing with the Securities & Exchange Commission, Sigma Planning Corp reported a 12.2% decrease in its holdings of the iShares U.S. Real Estate ETF (NYSEARCA:IYR – Free Report) during the fourth quarter. After selling 318 shares, the institutional investor now holds 2,295 shares of this real estate investment trust. The total value of Sigma's investment in the ETF is approximately $214,000 as per the latest filing.

Several other institutional investors and hedge funds have also adjusted their investments in iShares U.S. Real Estate ETF. For instance, D.A. Davidson & Co. increased its stake by 4.0% in the third quarter, acquiring an additional 111 shares to bring its total to 2,857 shares, valued at $291,000. Similarly, Unionview LLC raised its stake by 1.0%, now holding 11,830 shares worth about $1,205,000 after buying 113 additional shares. In the fourth quarter, Arkansas Financial Group Inc. boosted its stake by 0.3% to own 54,938 shares valued at $5,112,000 with an additional purchase of 140 shares. Spire Wealth Management also made a move, increasing its stake by 3.2% to own 5,127 shares valued at $477,000, following an acquisition of 159 shares during the same period. Lastly, Fairway Wealth LLC raised its stake by 0.5% to own 34,208 shares worth $3,485,000 after acquiring an additional 171 shares.

iShares U.S. Real Estate ETF Price Analysis

As of Friday, NYSEARCA:IYR opened at $98.41. The ETF boasts a market capitalization of approximately $4.06 billion, alongside a price-to-earnings ratio of 34.21 and a beta of 1.07. Over the past year, the ETF experienced a low of $81.25 and reached a high of $104.04. The current fifty-day moving average stands at $94.47, while the 200-day moving average is at $97.75.

Overview of iShares U.S. Real Estate ETF

iShares U.S. Real Estate ETF, previously known as iShares Dow Jones U.S. Real Estate Index Fund, is a non-diversified fund aiming to achieve investment outcomes that align with the price and yield performance of the Dow Jones U.S. Real Estate Index. This index tracks the performance of the real estate sector within the U.S. equity market, comprising various companies involved in real estate holding, development, and real estate investment trusts (REITs).

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